703-577-1098
10144 Colesville Rd, Silver Spring, MD for Sale
Service Station - FOR SALE
1/8
null | Request Cap Rate

NEW


10144 Colesville Rd
Silver Spring, MD 20901
North Silver Spring


HIGHLIGHTS

  • NET LEASED Property
  • AADT: 70,444
  • Guaranty Management Fee from Potomac Energy Holdings LLC (A+ rating)
  • Lease Termination Option
  • Operator Opportunity

OVERVIEW

The SHELL Station is strategically located at 10144 Colesville Road, Silver Spring, Maryland, benefiting from excellent visibility and an Annual Average Daily Traffic (AADT) count of approximately 70,444 vehicles. The property features a newly remodelled convenience store, three service bays, and four fuelling pumps serving up to eight vehicles simultaneously. The station is net leased to a local operator under a guaranteed income agreement with Potomac Energy Holdings, LLC (PEH), providing $500 per day as management compensation. Both the current lease and PEH contract include a buyout option, offering flexibility and future upside. This asset represents an attractive value-add opportunity for both investors and owner-operators, combining strong traffic exposure, upgraded facilities, and stable

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,423 SF

ZONING

CRT

APN/PARCEL ID

13-01216440

ASK ABOUT THIS PROPERTY

Dany ZhaoMarcus & MillichapMore Info
703-577-1098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dany ZhaoMarcus & MillichapMore Info
703-577-1098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.